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Government is behaving mindlessly. What am I even seeing? The only benefit which reduces burden while an individual gets his capital gains is also taken away! Whenever you feel bad about making some dumb decisions just remember the budget 2024! No

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Anonymous

Anonymous 1

Hey I am on Medialย โ€ขย 9m

The removal of indexation benefit for long-term capital gains on property, gold, and unlisted assets is a significant blow to investors. While it might simplify calculations, it essentially increases the tax burden on these investments. The government seems to be prioritizing administrative ease over taxpayer benefits. This could discourage long-term investments in these asset classes.

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